Honeywell is planning to invest $34 million to establish a new technology centre in

RELATED ARTICLES Value & Budget Housing debuts in Bangalore

Gurgaon to expand its global research capabilities in refining, petrochemical and other technologies in order to better serve customers in the region. The company also plans to employ about 100 people within five years in the centre.

The 400,000 square-foot centre will be set up at an existing Honeywell-owned property and will be managed by UOP India, a wholly-owned subsidiary of UOP that has an existing 250-person process technology engineering centre in Gurgaon.

“This centre will allow us to conduct development closer to our end customers, while at the same time tapping the recognised engineering talent of India,” said Andreas Kramvis, president and CEO of Honeywell Specialty Materials. “It will strengthen our product and process commercialisation capabilities globally, especially in Asia, where it will complement our existing research centre in Shanghai.”

“With four technology centres operational in the country, we are excited about this new technology centre, which is yet another reinforcement of Honeywell’s commitment to grow in the country and leverage its intellectual capabilities.” said Anil P Gupta, president, Honeywell India.

Honeywell’s employee base in the country has grown from 1,000 employees in 2002 to more than 10,000 today. Honeywell earlier this year opened a $50 million research, development and engineering facility in Bangalore, India, its second in the city.